Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$879M |
| 2 |
Bank of America
BAC
|
+$352M |
| 3 |
Intel
INTC
|
+$243M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$232M |
| 5 |
AB InBev
BUD
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.82B |
| 2 |
Amazon
AMZN
|
+$884M |
| 3 |
Air Products & Chemicals
APD
|
+$219M |
| 4 |
Mondelez International
MDLZ
|
+$198M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.18% |
| 2 | Technology | 1.13% |
| 3 | Consumer Discretionary | 1.09% |
| 4 | Financials | 1.02% |
| 5 | Communication Services | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
PUT
Illumina
ILMN
$29.3B
| $71.1M | 0.04% |
428,059
-38,653
| -8% | -$6.09M |
|
427
PUT
Valero Energy
VLO
$87.2B
| $71M | 0.04% |
1,071,100
+380,300
| +55% | +$25.5M |
|
428
PUT
Oracle
ORCL
$413B
| $71M | 0.04% |
1,590,600
-1,682,500
| -51% | -$70.1M |
|
429
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.1B
| $70.9M | 0.04% |
1,023,000
-1,039,000
| -50% | -$69.8M |
|
430
CALL
SLB Ltd
SLB
$76.5B
| $70.7M | 0.04% |
905,700
-1,258,000
| -58% | -$103M |
|
431
CALL
Halliburton
HAL
$27.1B
| $70.5M | 0.04% |
1,431,800
-1,017,500
| -42% | -$54.7M |
|
432
CALL
NetEase
NTES
$83.5B
| $70.4M | 0.04% |
1,239,000
-242,500
| -16% | -$13.1M |
|
433
CALL
Trip.com Group
TCOM
$29.1B
| $70.3M | 0.04% |
1,429,900
+332,600
| +30% | +$15.2M |
|
434
Verizon
VZ
$195B
| $70.2M | 0.04% |
+1,440,295
| New | +$72.3M |
|
435
PUT
Kohl's
KSS
$2.09B
| $70.1M | 0.04% |
1,761,400
+484,500
| +38% | +$19.8M |
|
|
ESRX
436
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $70.1M | 0.04% |
1,063,300
+372,100
| +54% | +$25.6M |
|
437
Wynn Resorts
WYNN
$10.5B
| $69.9M | 0.04% |
610,139
-131,776
| -18% | -$13.1M |
|
438
CALL
General Dynamics
GD
$105B
| $69.9M | 0.04% |
373,300
-213,700
| -36% | -$39.5M |
|
439
CALL
GSK
GSK
$104B
| $69.9M | 0.04% |
1,325,920
-158,720
| -11% | -$8.05M |
|
440
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.35B
| $68.9M | 0.03% |
1,341,400
-1,697,900
| -56% | -$86.5M |
|
441
CALL
iShares MSCI South Korea ETF
EWY
$23.8B
| $67.8M | 0.03% |
1,090,500
+807,900
| +286% | +$47.2M |
|
442
PUT
Vertex Pharmaceuticals
VRTX
$123B
| $67.5M | 0.03% |
617,600
+265,700
| +76% | +$23.4M |
|
443
Wheaton Precious Metals
WPM
$56.9B
| $67.4M | 0.03% |
3,234,887
+1,432,159
| +79% | +$29.8M |
|
444
CALL
lululemon athletica
LULU
$14.2B
| $67.4M | 0.03% |
1,299,000
-352,000
| -21% | -$23.2M |
|
445
PUT
Cummins
CMI
$88.7B
| $67.1M | 0.03% |
444,100
-159,900
| -26% | -$23.7M |
|
|
RSX
446
PUT
DELISTED
VanEck Russia ETF
RSX
| $67.1M | 0.03% |
3,248,200
-37,700
| -1% | -$794K |
|
447
CALL
iShares MSCI ACWI ETF
ACWI
$33.3B
| $67.1M | 0.03% |
1,057,900
+807,900
| +323% | +$50M |
|
|
448
PUT
iShares MSCI ACWI ETF
ACWI
$33.3B
| $66.9M | 0.03% |
1,055,000
-482,700
| -31% | -$29.9M |
|
|
DISH
449
PUT
DELISTED
DISH Network Corp.
DISH
| $66.7M | 0.03% |
1,050,200
+306,300
| +41% | +$18.9M |
|
|
POT
450
PUT
DELISTED
Potash Corp Of Saskatchewan
POT
| $66.6M | 0.03% |
3,898,500
+1,406,800
| +56% | +$25.5M |
|
Similar funds
Susquehanna International Group's Q1 2017 Portfolio in Review
As of Q1 2017, Susquehanna International Group held 10,995 positions worth $198B, up 0.36% from $197B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Susquehanna International Group withdrew a net $14.4B in Q1 2017, closing 2,170 positions and reducing 3,726 holdings. Its most notable exit was Air Products & Chemicals, an estimated $219M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 1.2% of assets, down from 1.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Susquehanna International Group opened a new position in iShares MSCI EAFE ETF worth $131M.
- Susquehanna International Group's largest Q1 2017 buy was iShares MSCI EAFE ETF: 2,100,985 shares worth $131M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $879M increase.
- Susquehanna International Group's biggest Q1 2017 reduction was Apple, cutting an estimated $1.82B.
- Susquehanna International Group fully exited Air Products & Chemicals in Q1 2017, selling an estimated $219M.
- Susquehanna International Group's ten largest holdings make up 22% of its $198B portfolio in Q1 2017.
- Susquehanna International Group opened 1,488 new positions and closed 2,170 in Q1 2017.
- Susquehanna International Group's portfolio value rose 0.36% quarter-over-quarter to $198B.
Based on Susquehanna International Group's 13F filing for Q1 2017, filed 15 May 2017.